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about taxing the wealthy, and he's talking about taxing planes. i own a plane. >> that's you. >> i was like, oh, okay. thanks a lot, president obama. r. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced all-wheel drive. [ engine revving ] it's bringing the future forward. throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. turn to senokot-s tablets. senokot-s has a natural vegetable laxative ingredient plus the comfort of a stool softener for gentle, overnight relief of
about taxing the wealthy, and he's talking about taxing planes. i own a plane. >> that's you. >> i was like, oh, okay. thanks a lot, president obama. r. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ]...
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if that i want to tax something, subsidize what you want and tax what you don't, maybe they should tax really dumb politicians. >> up next, polls turning in governor romney's favor, strongly, some mainstream media are having a fit, many are turning on the president. we will take that up with the a-team, which is next. liz macdonald. and other file there coming down christopher hahn, next. lou: joining us now the a-team, good to have you here. let's start with you, this market sole off today, it looks very weak, talking with lewis lehrman earlier, i did not hear a lilt in his face talking about future prospects. >> looks like a little cash taken off the table there, running to the sidelines a bit, wire in a recovery of downward gdp revision, any time you see market act skittish, you might say, am i too much invested in the market, should i pullback. lou: looking at this economy, jobless numbers last week, terrific for president obama. 7.8%. yet his numbers are plumb et ceteraing plummeting. >> me had a weak, weak, weak debate last week, and these numbers are catching up to him. the pres
if that i want to tax something, subsidize what you want and tax what you don't, maybe they should tax really dumb politicians. >> up next, polls turning in governor romney's favor, strongly, some mainstream media are having a fit, many are turning on the president. we will take that up with the a-team, which is next. liz macdonald. and other file there coming down christopher hahn, next. lou: joining us now the a-team, good to have you here. let's start with you, this market sole off...
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massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left? >> first off, you're kind of misquoting what he said. number one, he said it's not a $5 trillion dr. >> 4.8. >> but it is. i don't care what he says, he's lying. it is $5 trillion. >> bob, let me make mire point. >> don't repeat his lie without any evidence. >> i'm not repeating it. the fact you call it a lie, you take that up with him. >> no, he's the one who's lying. >> let me make the point. how does it not -- >> the fact of the matter is he's identified that what he's going to do is limply fill the tax code in a number of
massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left?...
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my tax reform plan to lower rates for the middle class and for small business creates seven million more.
my tax reform plan to lower rates for the middle class and for small business creates seven million more.
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romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to come. they're building and talking about their ground game, grassroots, 4 million people have been contacted here in ohio alone. 4 1/2 million. that's more than a third of the overall population. the polls have ticked up. romney has closed the gap, leading in some of the national polls, within the mar i didn't know of error, and in most of the battle ground states, he's either closed the gap and in a couple of cases, gone up by a point or two. these are swings in the polls. he's eliminated any bounce the president had gotten from his convention with the own bounce he got last week. with the vice presidential d
romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to...
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. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney is expected to return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from republicans. 39% for democrats. among those returned so far, 45% are g.o.p. only 38% are democrats. in colorado, republicans requested 656,000 absentee ballots of saturday to 627 for democrats. inness, absentee ballot request favor g.o.p. by 44% to 39%. in north carolina, 52% of all ballot requests of g.o.p. to only dop for democrats and 21 for independents. running mate paul ryan and joe biden off the trail getting ready for the big debate. kid rock leapt "born free" to romney for the rally theme headlined last night in michigan and considering a vice presidential debate keg party. >> i
. >> president has idea he wants to raise the tax rate from 3% to 40%. that won't be good for forms. my own view is i want to take the tax rate down. >> following iowa, romney flew to ohio, critical battleground to his victory strategy, where the voter registration ends today. romney is expected to return at least four times in just the next week. romney aides are touting their ground game and grassroots enthusiasm. in florida, 43.5% of absentee ballot requests came from...
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we also need to have comprehensive tax reform. we ought to have a tax code that's more simple, more fair, and more competitive. what i've been advocating is to reduce the tax on jobs creating businesses by 25%. the federal government is imposing the worth in the world tax of 35%. if we reduced it to 20%, over 500,000 jobs, created and $23 billion of new revenue and that would send a message to the world that america is open for business again. the other thing is that we're blessed in america with the most energy resources of any country in the world. and virginians, from our coalfields to our coasts are ready, willing and able to provide america with the energy to four our economy and if we unleashed our energy resources throughout the country, i believe we ought to do so in virginia and on day one after being sworn in as your senator, i would introduce a bill to allow us in virginia to produce oil and natural gas off our coast and use the royalties for roads and transportation, but if we did this nationwide, there would be hundre
we also need to have comprehensive tax reform. we ought to have a tax code that's more simple, more fair, and more competitive. what i've been advocating is to reduce the tax on jobs creating businesses by 25%. the federal government is imposing the worth in the world tax of 35%. if we reduced it to 20%, over 500,000 jobs, created and $23 billion of new revenue and that would send a message to the world that america is open for business again. the other thing is that we're blessed in america...
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all the tax cuts that go away. spending cut cuts that take effect. it's happening behind the scenes. i want to take a gauge of these guys in their nest to see what they're doing. what they're doing no, offense, is for the birds. all the analogies. see you tonight. >> eric: hello. i'm eric bolling with andrea tantaros, bob beckel, dana perino, brian kilmeade. it's 5:00 in new york city. this is "the five." ♪ ♪ laura logan is highly respected journalist who risked her life reporting on terrorism, recalls a days ago we showed you this gutsy interview with taliban commander in afghanistan. >> these are taliban attacks. this is part of our new military strategy. we have our people in afghan police and the army. >> what skills do the al-qaeda fighters bring? >> they are masters at everything. for example, making i.e.d.s. something we don't know how to do. but they are teaching us. they're master engineers and good with all weapons. >> news that the cbs news chief correspondent is calling out the obama administration for lying to american people. it's b
all the tax cuts that go away. spending cut cuts that take effect. it's happening behind the scenes. i want to take a gauge of these guys in their nest to see what they're doing. what they're doing no, offense, is for the birds. all the analogies. see you tonight. >> eric: hello. i'm eric bolling with andrea tantaros, bob beckel, dana perino, brian kilmeade. it's 5:00 in new york city. this is "the five." ♪ ♪ laura logan is highly respected journalist who risked her life...
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we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a long way to go. we have people out there suffering, still looking for jobs. we will need to continue to do what we can to help those. we will continue to improve our education system to make sure our children have world-class education. we need to continue to look at our infrastructure at all levels, broadband, highways, water could continue to make west virginia business families so we can attract jobs. i want to say to the voters, i will always. west virginia first. >> thank you, governor. mr. maloney? >> i am tired of hearing the same old excuses. it could have been a lot better. every time
we were able to continue to cut our taxes, consumer sales tax on food as well as cut business taxes. we have been able to work with the legislature in a bipartisan manner to address many of the main concerns. with bipartisan support, we were able to pass the first shale drilling regulatory bill. we were able to pass: safety bills. we were able to address problems with substance abuse and west virginia. we took on our last big liability. it was $10 million. we have come a long way, but we have a...
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can he please tell us where he is going to get his tax deduction? have no answer. >> andrea: romney is trying to make a serious point, and use humor. obama is acting like a fifth grader. first, he's a bully. meanie, now he doesn't like puppets. liar, liar, pants on fire, you don't like my puppet. you're not a serious president. he lacks maturity. >> brian: he is going to sit down with democrats about republicans and work it out. is that a conference call in the morning? i watched the debate. >> dana: we don't have a conference call. maybe we'd be more organized and have the same line. coming up, we have a preview of the v.p. showdown coming up thursday. later, stacy dash, the african-american actress in the movie "clueless" supports mitt romney. now she is a victim of racially charged attack. brian has that story when we come right back. ♪ ♪ ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remissio
can he please tell us where he is going to get his tax deduction? have no answer. >> andrea: romney is trying to make a serious point, and use humor. obama is acting like a fifth grader. first, he's a bully. meanie, now he doesn't like puppets. liar, liar, pants on fire, you don't like my puppet. you're not a serious president. he lacks maturity. >> brian: he is going to sit down with democrats about republicans and work it out. is that a conference call in the morning? i watched...
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why i see that as not really much -- >> might taxes pay for an awful lot of things that i opposed. [applause] >> just to be clear, the position is that the institution's money does not go toward the care that they object to, so that is why i see it as an appropriate or a well intentioned and well functioning agreement. the money goes from women's pockets to the insurance that they are part of. while there may be other folks who are a part of the same insurance plans to disagree, that happens a lot of ways. i may disagree with someone else's health care choices. i'm sure there are folks on insurance plans to double even blood transfusions, but part of being part of an insurance plan is that we are all putting your money in and we are trusting that it will be medical treatment that is prescribed by doctors for that person and that we recognize and honor each other's choices about our own health care decisions. >> the institution does not seem to get a choice. thank you. >> thank you. that is all that we really have time for this evening. i'm sorry. i know how, you know, emotional the
why i see that as not really much -- >> might taxes pay for an awful lot of things that i opposed. [applause] >> just to be clear, the position is that the institution's money does not go toward the care that they object to, so that is why i see it as an appropriate or a well intentioned and well functioning agreement. the money goes from women's pockets to the insurance that they are part of. while there may be other folks who are a part of the same insurance plans to disagree,...
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what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he's asked how he'll cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he's been saying every time he's asked the question. well, we can cut out pbs. so for all you moms and kids out there, don't worry. somebody's finally getting tough on big bird. you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to
what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut. pay no attention to that tax cut under the carpet behind the curtain. when he's asked how he'll cut the deficit, he says he can make the math work by eliminating local public funding for pbs. now, by the way, this is not new. this is what he's been saying every time he's asked the question. well, we can cut out pbs. so for all you moms and kids out there, don't worry. somebody's finally getting tough on big bird. you...
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>>reporter: the big one is the estate tax. governor romney says he would repeal the estate tax if he becomes president. president obama would allow it to rise. the other big one is regulation. remember all of the hand wringing over the rumors the epa wanted to regulate farm dust? the labor department is looking at a rule to limit the amount of work that children under the age of 18 can do on farms. governor romney promised in his administration it would be different. >> you have to have regulation. you need regulation for markets to work effectively. i am going to cut back on regulation and put a cap on regulation. any new major regulation will have to be approved by congress. i'm not letting the politician off the hook. >>reporter: governor romney has been telling personal stories on the trail. today he told a new one of a former navy seal he met at a christmas party this san diego. early this year he learned he was one of two former navy seals killed at the american consulate in benghazi. >>shepard: thank you, john roberts.
>>reporter: the big one is the estate tax. governor romney says he would repeal the estate tax if he becomes president. president obama would allow it to rise. the other big one is regulation. remember all of the hand wringing over the rumors the epa wanted to regulate farm dust? the labor department is looking at a rule to limit the amount of work that children under the age of 18 can do on farms. governor romney promised in his administration it would be different. >> you have to...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... w could we ever trust him here? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all i
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... w could we ever trust him here? then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your...
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what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're
what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit...
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walsh says duckworth is a tax- and-spend liberal. the eighth district was recently redrawn to favor the democrats. time is running out to register for next month's election. to handle a last-minute rush of registrations. the chicago board of elections at 69 west washington is open today until midnight. your form must be filled out and signed in ink and can't be submitted by email or fax. and if you mail in your registration. it must be postmarked by today. you can still register after today but you'll have to go to the office in person and cast your ballot during the same visit. a daredevil will have to wait a few more hours before making attempting to break the speed of sound. due to wind conditions felix baumgartner's plan to jump from a balloon at 120 thousand feet above new mexico has been delayed. the red bull athlete will attempt to become the first free-falling human to break the sound barrier. after jumping, he's expected to become supersonic within 35 seconds and ultimately reach about 700 miles per hour. the descent back to
walsh says duckworth is a tax- and-spend liberal. the eighth district was recently redrawn to favor the democrats. time is running out to register for next month's election. to handle a last-minute rush of registrations. the chicago board of elections at 69 west washington is open today until midnight. your form must be filled out and signed in ink and can't be submitted by email or fax. and if you mail in your registration. it must be postmarked by today. you can still register after today but...
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according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income tax cuts expired. in 1986 -- a 1986-style approach that promises up from rate cuts to the wealthy is almost guaranteed to give middle-income earners the short end of the stick. the reason is, in order to raise enough money to reduce rates and cut the deficit, you would need to slash deductions and credits on a far greater scale than we did in 1986. middle income earners would not be scared. -- spared. because middle-income earners rely on these expenditures, the cost of losing that likely exit the benefit they would receive from a lower rate. multiple experts have verified this. the joint economic
according to the tax policy center, last year, the bush tax cut increased after-tax incomes for people making over $1 million by an average of 6.2%. that is about 120 to die now -- about $129,000 per household. the increase was only 2.2% for those earning $50,000. over time, our tax code has widened the nation's wealth gap. reversing this trend should be a top goal of tax reform. at a minimum, we certainly should not make the tax code and a less progressive than it would be if the high income...
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so they don't mind paying higher taxes. that was in the past. now they're very frustrated with having been painted as villains last time around. they feel like they helped obama get into office, and then they were painted as these evil wall street bankers which they think is unfair. everyone has their own opinion about what caused the financial crisis, but bankers feel like they've been painted as these villains. they also don't like the boot of government on their neck. it's a lot of the same things i hear from small business owners, saying there's too much regulation that's stopping them from doing their job. banks feel like they also have been just the butt of every regulation that's come out, and it's frustrating to them. you may think they need regulation, but this is one to have main reasons why they've lined up behind romney. megyn: you know, just talking to some wall street folks, and i know a lot of folks who were big, big obama donors last time around who have expressed disappointment in being demonized as fat cat bankers and people wh
so they don't mind paying higher taxes. that was in the past. now they're very frustrated with having been painted as villains last time around. they feel like they helped obama get into office, and then they were painted as these evil wall street bankers which they think is unfair. everyone has their own opinion about what caused the financial crisis, but bankers feel like they've been painted as these villains. they also don't like the boot of government on their neck. it's a lot of the same...
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the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and with that i'm going to turn over to charlie who knows about that much more than i do. [applause] i don't know a darn thing about law. [applause] i and addressing this issue of women's economic rights to the right of contraceptive health care coverage in the light of the demands of religious liberty. so, some of the things we've talked about. in my judgment it's been understood in this country has been pointed out it's important but it can conflict with other rights. so therefore i also distinguish between religious liberty and the very strict
the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and...
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lucky enough to have them, my view is if you're making $200,000 a year and less, you should pay no tax whatsoever on interest, dividends or capital gains. -- in this country associated with agricultural exports. over the last four years, the president has signed no new trade agreements with any nation around the world. even as china and european nations have put together some 44 different agreements, he's done none. what i'm going to do is make sure that i devote my time to getting trade promotion authority, that i use that authority to negotiate new deals so we open up new markets for american farms an american goods because we can compete on a level playing field with anyone in the world. now there are differences on regulations by the way. and you know this. the regulatory burden under this administration has gone crazy. the president's regulations as it relates to farming are kind of interesting. one is the epa tried to get into -- well, the government tried to get into regulating rainwater in ditches on farms. it used to be that there was rainwater in iowa and people cared about t
lucky enough to have them, my view is if you're making $200,000 a year and less, you should pay no tax whatsoever on interest, dividends or capital gains. -- in this country associated with agricultural exports. over the last four years, the president has signed no new trade agreements with any nation around the world. even as china and european nations have put together some 44 different agreements, he's done none. what i'm going to do is make sure that i devote my time to getting trade...
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the tax increases and so forth. conditions in europe are notprot dealing with the fundamental -- they're not dealing with the fundamental structural problems, the fact that the southern countries had to borrow to finance importing, germany will have to have a trade deficit, or there's no going home again. in china they cannot grow forever on the basis of exporting to the americans and not buying from the americans, because then they smother their customers. these imbalances haven't been fixed so, yes, the danger is real, and it's grave. jenna: charlie, let's talk about the ways to fix i. peter was mentioning the different types of economies at play in europe, but one of the things mentioned overall a couple years ago everyone was saying you've got to fix their debt and deficit, so people cut spending, and that became part of the problem because it slowed down the economy. >> well -- jenna: there's a little bit of you're darned if you do, you're darned if you don't. >> the imf is not a great example of how to fix thi
the tax increases and so forth. conditions in europe are notprot dealing with the fundamental -- they're not dealing with the fundamental structural problems, the fact that the southern countries had to borrow to finance importing, germany will have to have a trade deficit, or there's no going home again. in china they cannot grow forever on the basis of exporting to the americans and not buying from the americans, because then they smother their customers. these imbalances haven't been fixed...
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>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job cre
>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you...
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taxpayers, whose taxes would go up an estimated $3,500 per year. both of them say there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets, trying to force congress to do something. >> bill, thank you. >>> international monetary fund is warning another global recession could be under way. imf says the risk of a worldwide slowdown is alarmingly high. germany's chancellor is holding talks with the prime minister of greece. mark strassmann is in greece where security is tight. >> reporter: good morning. crowds gathered in tens of thousands, many demonstrators among them, in honor of the visit of the german chancellor, angela merkel, the first time she has come to greece since the economy fell off the edge of the cliff as it continues in this current economic crisis. gr
taxpayers, whose taxes would go up an estimated $3,500 per year. both of them say there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets, trying to force congress to do something. >> bill, thank you....
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he is an interesting position on tax and oh by the way he is lying his ass off. we have factored that in now. >> stephanie: yesterday's speech on foreign policy won't that have some effect over time as well? >> well -- i think -- i think that's -- if you want to look for a silver lining in both of the polls, it is that they are a snapshot taken right in the heart of what should have been a bounce. so we'll see what happens in the middle of next week. i was resistant to the notion, but i'm over it to now that that debate performance was a serious, serious blunder. >> stephanie: you write this week it has been pointed out that romney has become quite a remarkable liar. he lies by commission of course. and lies by admission namely in his resolution determination not to be specific about what deductions he is planning to end. >> they are particularly good at office [ inaudible ] mathematics. i'm particularly good at english. [ laughter ] >> stephanie: exactly. >> and that's hard by the way. it's very hard to throw poo efficiently. but he threw it -- we get to talk li
he is an interesting position on tax and oh by the way he is lying his ass off. we have factored that in now. >> stephanie: yesterday's speech on foreign policy won't that have some effect over time as well? >> well -- i think -- i think that's -- if you want to look for a silver lining in both of the polls, it is that they are a snapshot taken right in the heart of what should have been a bounce. so we'll see what happens in the middle of next week. i was resistant to the notion,...
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do we raise taxes? if we lower taxes do we get more revenue? what about cutting the size of government? it's just too big. in any downturn all of the businesses in this country cut staff, cut expenses. the government hasn't done the. they have just increased their expenses. >> jay? >> i think you have to look at the spending side of the ledger. in fact, the president said in the debate we need to look at medicaid because as he said it's the biggest driver of debt right now in our country. so there has to be, there has to be a focus and if entitlements are going to have to have a serious look. reform is going to be necessary in order to change the way we are spending money, if we want to continue to ensure that those who need to benefit do benefit in the future. but everything can be examined. every business in this country, every single day examines what they are spending money on, how they're spending the money, making sure that their processes in manufacturing are lean, mean that there is no waste. government can do the same. i know that stat
do we raise taxes? if we lower taxes do we get more revenue? what about cutting the size of government? it's just too big. in any downturn all of the businesses in this country cut staff, cut expenses. the government hasn't done the. they have just increased their expenses. >> jay? >> i think you have to look at the spending side of the ledger. in fact, the president said in the debate we need to look at medicaid because as he said it's the biggest driver of debt right now in our...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? >>> 9:40. a split that has shocked many. danny devito and rea pearlman are going their separate ways. they've been married 30 years and have three grown children. it's unclear why they're separating. sorry to hear that. >> me, too. >>> ben aflack gives his kids a lesson in manners after hitting a parked car. >> he was out with his family saturday when he sideswiped a car and knocked the mirror off. he left a note on the car for the owner. it read, hi, knocked off the mirror of your car. very sorry. will cover everything. ben. >> who took the picture? >> maybe one of his kids. >> or jennifer garner. >> little kids can write thesis on computers now. >> what you'll find at this year's fright fest. that's head. >
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? >>> 9:40. a split that has shocked many. danny devito and rea pearlman are going their separate ways. they've been married 30 years and have three grown...
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follow the reporter pushes him on tax cuts. you can do all by cutting taxes with a big tax cut? >> ryan respond, those are your words, not mine. off-camara ryan's press secretary was heard, thank you very much, sir. that's when paul ryan begins removing his mic and leaving, adding quote, that was trying to strange you're stuffing words in people's minds. >> i don't know if it is strange. >> ryan fires backs sound like you're trying to put answers to questions. that's where it ended. the local michigan station pulled that part of the interview off the website. they said the time was up and everyone making big deal out of nothing. congressman ryan's team statement they issued. reporter was well over allotted time interview when he started to ask a weird question related to gun violence with tax cuts. ryan responded anyone would with a strange situation, when you do 200 interviews in couple months eventually you will see a local reporter embarass himself. that from the ryan campaign. that is the back and forth. hope you're able to follow all that. be sure to follow us on thursday n
follow the reporter pushes him on tax cuts. you can do all by cutting taxes with a big tax cut? >> ryan respond, those are your words, not mine. off-camara ryan's press secretary was heard, thank you very much, sir. that's when paul ryan begins removing his mic and leaving, adding quote, that was trying to strange you're stuffing words in people's minds. >> i don't know if it is strange. >> ryan fires backs sound like you're trying to put answers to questions. that's where it...
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they have to take the carpet tax up before the carbon tax. >> i gotcha. >> the carpet tax. >> animal crackers? >> no, no. >> duck soup? oh, man, is that terrible. >> part of the imf forecast, jim, bringing the numbers down for the global economy has been austerity does not work. >> it doesn't work. but that's paul crudeman who says it. i pet you paul crudeman believes in the 7.8 number, the big phony number. i bet you crudeman believes in it. how is that the focus of the discourse? i'm trying to make it alcoa. look, the imf is saying the obvious. the world bank is saying the obvious. if you continue to call for austerity you can't get growth. it's like, look, you want growth or want austerity. lyndon johnson, guns and butter equals inflation. if you just -- they are not doing guns or butter. if they are not doing margarine, they aren't doing machine guns. >> then you start again but they can't do that. >> we are devalued better than they are devalued. >> you would think we would be but the dollar is much stronger given anticipation of where rates are. >> true enough. stock specific s
they have to take the carpet tax up before the carbon tax. >> i gotcha. >> the carpet tax. >> animal crackers? >> no, no. >> duck soup? oh, man, is that terrible. >> part of the imf forecast, jim, bringing the numbers down for the global economy has been austerity does not work. >> it doesn't work. but that's paul crudeman who says it. i pet you paul crudeman believes in the 7.8 number, the big phony number. i bet you crudeman believes in it. how is...
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the city is considering a one cent per ounce tax on sugary drinks. >>> next, 10 months after a domestic violence incident, suspended sheriff ross mirkarimi could learn his fate today. >>> fitness and fuel efficiency. the new connection between your weight and how much gas you pump into yo
the city is considering a one cent per ounce tax on sugary drinks. >>> next, 10 months after a domestic violence incident, suspended sheriff ross mirkarimi could learn his fate today. >>> fitness and fuel efficiency. the new connection between your weight and how much gas you pump into yo
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there are new taxes. as far as the pipeline, that is something the obama administration will revisit after the election. they cut off the decision, and that is something president obama said they would look at that again. host: john in north carolina tweets in, extend the mall, or repeal the mall. we cannot continue to always tax the other guy. here's a question from twitter. we will lobbyist be present during this sequence -- secret meeting. guest: it is a very good question can i do not know who is on tap today, but i do know that the gang has a lot of friends and allies and freelance members of the senate that come in and come out of meetings enjoying immense sum of these discussions. -- and joined in on some of these discussions. there have been meetings with stakeholders. i do not know if you would call them lobbyists, but business leaders, others that could provide input, and that is probably a good question to do some digging on, to see the role that lobbyists are playing because we know that tax l
there are new taxes. as far as the pipeline, that is something the obama administration will revisit after the election. they cut off the decision, and that is something president obama said they would look at that again. host: john in north carolina tweets in, extend the mall, or repeal the mall. we cannot continue to always tax the other guy. here's a question from twitter. we will lobbyist be present during this sequence -- secret meeting. guest: it is a very good question can i do not know...
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the fiscal cliff refers to budget control measures scheduled to take effect at year's end, including tax increases and spending cuts. >>> today attack now on the u.s. consulate in libya. one of the men responsible for the security of u.s. diplomatic in libya said he knew there were security issues there long before the deadly attack in benghazi. he's scheduled to testify tomorrow. sheryl atkinson has his story. >> reporter: lieutenant colonel andrew wood last set foot in libya in february to elite a security team with expertise in counterterrorism. from the moment he arrived, he says he saw chaos. >> shooting instances occurred. many instances involving the local security guard force that we were training there. constantly there was battles going on between militias. >> reporter: wood met daily with ambassador christopher stevens to discuss security. was he concerned about security? >> he was. he was constantly concerned about the threats to not just himself, but the entire staff there. >> reporter: was there what you saw as a visible security drawdown during the period of time you were
the fiscal cliff refers to budget control measures scheduled to take effect at year's end, including tax increases and spending cuts. >>> today attack now on the u.s. consulate in libya. one of the men responsible for the security of u.s. diplomatic in libya said he knew there were security issues there long before the deadly attack in benghazi. he's scheduled to testify tomorrow. sheryl atkinson has his story. >> reporter: lieutenant colonel andrew wood last set foot in libya in...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> welcome back. a new poll by the pew research center has governor romney leading president obama now by four points. the poll was conducted after the presidential debate. in this poll more voters identified themselves as republicans than democrats. last month in a similar poll more said they were democrats and that's when the president was up by eight points. there's a new article, little bit hysterical. andrew sullivan said it's over. he said obama th
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while...
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and that their taxes would go up by an average of $3,500 a year. last week we talked with a well respected economist and one member of the gang of eight. both of them said that there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect, or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the public and the markets trying to force congress to do something. >>> the international monetary fund is warning another global recession could be on the way. the imf says the risk of a worldwide slowdown is alarmingly high. germany's chancellor is holding financial talks this morning with the prime minister of greece. mark phillips is in athens where security is tight for today's big meeting. mark, good morning. >> reporter: good morning from a very noisy, very anxious, but so far peaceful athens this morning, where, as you say, german chancellor angela merk
and that their taxes would go up by an average of $3,500 a year. last week we talked with a well respected economist and one member of the gang of eight. both of them said that there is a strong chance that congress will not come to an agreement by january. if that happens, there will be some tax increases and some budget cuts which may go into effect, or congress may find a way to push the decision into the first months of the new year. but either way, you can expect pressure to build from the...
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my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. >>> a slow warm up and small warm up expected today. we budged up to 52 degrees, rising two degrees in the last hour. you folks over in greenville at 50 and new carrollton, as well. vienna, 46 degrees roogt now. the high today, 60. a few breaks in the clouds. the warmest day out of the week, midweek. we cool down behind another front and this weekend looking >>> it's 8:30 now on a tuesday morning. it's the 9th day of october, 2012. kind of a drizzly morning here in the new york city area. a little chilly as well, but we've got a nice crowd of people gathered, and they are listening to the music of the scripts. we've got the irish band coming up in studio in our next half hour. >> out on the plaza, we're starring in an edition of "honey i shrunk the kids" where we're here and we'll explain the table and shares in just a moment. >> s
my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. >>> a slow warm up and small warm up expected today. we budged up to 52 degrees, rising two degrees in the last hour. you folks over in greenville at 50 and new carrollton, as well. vienna, 46 degrees roogt now. the high today,...
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by maximizing economic impact, the state benefits from fiscal impacts, mean a tax revenues, but also from indications of broader prosperity, jobs, so on and so forth. to go to maryland current gambling program has not been particularly effective in growing the economy because it is wrong drawing gamblers from other states. they were from 1.1 billion to 1.5 billion in maryland spending power will go to west virginia is charlestown casino over the next few years. while many people are still going out of habit, others are still attracted to the lucrative table games. >> a congressman calling some chinese companies a threat to american businesses. ei and zte. they are concerned if they get access, they could gain sensitive information. >> the public is not aware how serious the cyber attacks are. we get a terrorist or other they could wreck havoc. >> the chinese foreign ministry called the accusations prejudicial insisting their products are safe. >> now, insta-weather-plus and traffic pulse 11 together. >> get you up-to-date because it is a little busy out there because of rain coming d
by maximizing economic impact, the state benefits from fiscal impacts, mean a tax revenues, but also from indications of broader prosperity, jobs, so on and so forth. to go to maryland current gambling program has not been particularly effective in growing the economy because it is wrong drawing gamblers from other states. they were from 1.1 billion to 1.5 billion in maryland spending power will go to west virginia is charlestown casino over the next few years. while many people are still going...
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when it comes to social security and tax law and visitation and adoption. as long as there are two classes of citizenship we have work to do. there is an urgency. this is a mission. it is not a gay mission or a straight mission. it is not a black mission or a white mission. this is the american mission. the lies of this battle are not demarcated on any map. they run from neighborhood and towns all over this nation. as long as there are children in pain in their own neighborhoods and communities, reluctant and fearful. as long as their are two people in love the stand before god and their fellow man but cannot declare themselves married just like their brothers and sisters. as long as this humiliation is heaped upon people who refused to be victims, and know they will be victors. we have work to do to get to that point. this is a call. i see this in new jersey. we are battling in that ranch. new jersey is a state line. i am a prisoner of hope. no person, no organization can stand in the way of this country as it marches toward freedom, opportunity, and equal
when it comes to social security and tax law and visitation and adoption. as long as there are two classes of citizenship we have work to do. there is an urgency. this is a mission. it is not a gay mission or a straight mission. it is not a black mission or a white mission. this is the american mission. the lies of this battle are not demarcated on any map. they run from neighborhood and towns all over this nation. as long as there are children in pain in their own neighborhoods and...
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my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. ♪ ♪ ♪ [ male announcer ] combine the pnc cashbuilder visa credit card with a qualifying pnc performance select checking account and earn 75% more than cards earning 1% cash back on almost everything. >>> welcome back at 6:40. online shopping could soon be as easy as logging onto facebook. the social network giant is testing a feature called collections that allows users to find any items they want and click on a special want button, then people can see the wanted items and they will be able to go online to buy those items at the store. so far facebook is working with seven retailers on this new feature, including pottery barn and victoria's secret. see, it's getting easier with the catalogs for you to pick out a present for me. >> it takes dropping a hint to a whole new level. >> i'll just e-mail you my list with the links at
my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. ♪ ♪ ♪ [ male announcer ] combine the pnc cashbuilder visa credit card with a qualifying pnc performance select checking account and earn 75% more than cards earning 1% cash back on almost everything. >>> welcome back at...